$490K · 1 bed Common Element Condo · Bay Street Corridor, Toronto

Loading neighbourhood intel…

About this home

Great Location! Nice 1 Bed room Unit, Large Functional Layout. 9' Ceiling, Floor To Ceiling Windows, Laminate Floor W/ An Open Concept Design. Steps To Yonge & Bloor, Bay Shopping & Subways. Easy Access To U Of T, Right Next To St. Michael College. Luxurious Finishing, State Of The Art Amenities Includes Yoga Rm, Fitness Centre, 24Hr Concierge, Outdoor Pool & Terrace.

Property details

MLS#

C12988830

Status

Buy Now

Beds

Baths

1 full, 0 half

Size

500-599

Style

Apartment

Type

Common Element Condo

Year built

—

Condo corp #: 400
Balcony: Open
Locker: None
Fees include: Water Included, Building Insurance Included, Common Elements Included
Pets: Yes-with Restrictions

Garage: None
Garage spaces: 0
Parking: 0 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Bay/St. Joseph
Basement: None
Stories: 3
Utilities: —
Laundry: Ensuite
Interior: Carpet Free
Parking features: None

Level	Room	Dimensions
Ground	Living Room	3m × 3.96m
Ground	Dining Room	3m × 3.96m
Ground	Kitchen	3m × 3.02m
Ground	Primary Bedroom	2.62m × 3.33m

Level

Room

Dimensions

Ground

Living Room

3m × 3.96m

Ground

Dining Room

3m × 3.96m

Ground

Kitchen

3m × 3.02m

Ground

Primary Bedroom

2.62m × 3.33m

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $490,000✓ $3,047 tax✓ Gas✓ 500-599 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,354/mo

incl. closing costs (yr 1)

Annual total

$52,244

year 1

Mortgage only

$1,859/mo

principal + interest

Beyond mortgage

$1,513/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$98,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$254/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~550 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,900/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$35/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$6,275

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)43% $22,307/yr

Property taxes18% $9,322/yr

Utilities8% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,900/yr

Condo fees10% $5,055/yr

Closing costs10% $5,100/yr

Mortgage is 43% of your true cost of ownership. The other 57% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$22,307	$1,859/mo
Government & taxes
Property tax	$3,047	$254/mo
Land transfer tax(closing)	$6,275	$523/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,900	$408/mo
Condo fees
Condo / HOA fees	$5,055	$421/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$52,244	$4,354/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

Unlock Insider Deals

Sign in

57 St Joseph

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

Request a Showing

Request a Showing

Annual costs